BTC
$17244.42

-0.00%

BTC
URL bitcoin.org
$ 17244.42
Market Value $ 3,619.27 million
Change -0.00%
power 259.98 EH/s
Daily output 0.00000367 BTC / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+95.05%
DCR
$24.4

0.00%

DCR
URL decred.org
$ 24.4
Market Value $ 5.12 million
Change 0.00%
power 65.39 PH/s
Daily output 0.00000437 DCR / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-90.48%
LTC
$78.58

+0.06%

LTC
URL litecoin.com
$ 78.58
Market Value $ 65.88 million
Change +0.06%
power 586.89 TH/s
Daily output 0.00001220 LTC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+12.04%
BCH
$112.03

0.00%

BCH
URL bitcoincash.org
$ 112.03
Market Value $ 23.49 million
Change 0.00%
power 1.60 EH/s
Daily output 0.00057400 BCH / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-80.79%
ZEC
$52.6

0.00%

ZEC
URL z.cash
$ 52.6
Market Value $ 11.05 million
Change 0.00%
power 10.21 GH/s
Daily output 0.00026986 ZEC / K
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+69.60%
DASH
$39.33

0.00%

DASH
URL dash.org
$ 39.33
Market Value $ 7.43 million
Change 0.00%
power 2.49 PH/s
Daily output 0.00022287 DASH / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-56.32%
ETC
$19.3716

0.00%

ETC
$ 19.3716
Market Value $ 40.78 million
Change 0.00%
power 133.70 TH/s
Daily output 0.00011647 ETC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-26.17%

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Your Location: Home > News > Details

Ethereum miners earn more than Bitcoin miners in 2021

2021-12-01 22:33

According to the data from OKG cloud chain, Bitcoin miners' income in November was approximately $1.69 billion, a decrease of 1.93% from $1.72 billion in October; of which, block rewards accounted for 98.55%. In the same period, the income of Ethereum miners was approximately US$1.97 billion, an increase of 11.66% from the US$1.76 billion in October. You may have discovered that the income of Ethereum miners has surpassed that of Bitcoin miners.

Although Bitcoin is still the currency with the largest market value, from the perspective of mining, Ethereum has higher returns. In particular, there are far more Bitcoin miners than Ethereum miners, which means the competition of Bitcoin miners is higher than Ethereum miners. On the other hand, Ethereum has experienced major network upgrades such as the London hard fork, which has turned the project into a deflationary mechanism, which highlights the  advantage of mining Ethereum.

In this year, with the increasing popularity and application of decentralized finance and NFT, the expenses on the network have soared. Since Ethereum miners rely heavily on transaction fee income, miners have benefited the most from this surge. Despite the expense, the rewards for miners on the blockchain have increased this year as well. In contrast, Bitcoin miners mainly rely on block revenue. With the recurrence of the Bitcoin halving, block rewards are reduced. The reason why Bitcoin miners' income can maintain an upward trend is mainly due to the increase in currency prices.

The data shows that in 2021, transaction fees accounted for 53% of ETH miners' income; in terms of Bitcoin, transaction fees accounted for only 1% of Bitcoin's total income. In 2021, the difference in mining revenue between Bitcoin and Ethereum miners is noticeable.

However, from the perspective of the sustainability of mining, since Ethereum 2.0 will arrive soon, there may be a certain investment risk if miners choose to purchase mining machines to participate in mining. Therefore, light assets such as hash power would be the best choice for miners.

RHY is where you can buy hash power to participate in mining with lower risks, and there is no need to buy mining machines. 



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